Key Takeaways
- Polymarket customers predict a 97% chance of a 25 bps Federal Reserve charge reduce.
- There may be near-unanimous consensus on Polymarket for a quarter-point reduce earlier than the FOMC choice.
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Polymarket customers are forecasting a 97% chance that the Federal Reserve will reduce rates of interest by 25 foundation factors as we speak. The choice will are available in beneath three hours.
The prediction market platform reveals near-consensus expectations amongst customers for the quarter-point charge discount.
CME FedWatch knowledge now point out round a 90% chance of a charge discount, leaving solely simply over 10% likelihood that the Federal Reserve will keep present charges.